Assessable/taxable income question, page-6

  1. 101 Posts.
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    @kacy

    All our family shares are in my wife's name (aged 47) her only income will be from the sale of shares

    If she sells $37,000 worth of shares (in this tax year) can she put $19,000 into her super and receive the bonus $500 from the government while paying zero tax on the remaining $18,000,or can she only contribute the standard 9.75% (super rate I think) of the $37,000

    Cheers GH
 
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